STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $16.3M | $20.6M | $24.0M | $31.4M | $37.0M | |
| YoY % | +27.0% | +26.1% | +16.6% | +31.0% | +17.8% | |
| P / Sales | 14.3x | 9.8x | 6.9x | 13.2x | 10.5x | |
| EV / Sales | 12.0x | 9.4x | 6.9x | 13.0x | 11.1x | |
| Gross Profit, Adj. | $11.1M | $13.5M | $13.6M | $19.1M | $22.7M | |
| YoY % | +22.0% | +21.6% | +0.6% | +40.5% | +18.7% | |
| Margin % | 68.2% | 65.8% | 56.8% | 60.9% | 61.4% | |
| EV / Gross Profit | 17.6x | 14.2x | 12.1x | 21.4x | 18.1x | |
| EBITDA, Adj. | $-12.7M | $-15.6M | $-22.4M | $-17.8M | $-21.9M | |
| YoY % | -123.7% | -22.7% | -44.3% | +20.6% | -23.0% | |
| Margin % | -77.8% | -75.7% | -93.7% | -56.8% | -59.3% | |
| EV / EBITDA | -15.4x | -12.4x | -7.3x | -23.0x | -18.8x | |
| EBIT | $-13.4M | $-16.3M | $-22.4M | $-19.7M | $-24.2M | |
| YoY % | -115.0% | -22.1% | -37.4% | +12.1% | -22.4% | |
| Margin % | -82.1% | -79.5% | -93.7% | -62.9% | -65.4% | |
| EV / EBIT | -14.6x | -11.8x | -7.3x | -20.7x | -17.0x | |
| Net Income | $-14.4M | $-16.4M | $-22.1M | $-18.9M | $-25.5M | |
| YoY % | -112.5% | -14.1% | -34.4% | +14.4% | -35.0% | |
| Net Margin | -88.4% | -80.0% | -92.2% | -60.3% | -69.1% | |
| EPS (GAAP) | -$0.69 | -$0.68 | -$0.90 | -$0.70 | -$0.90 | |
| YoY % | -60.5% | +1.4% | -32.4% | +22.2% | -28.6% |